INSEAD Day 4 - 728x90

Geostrategy

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Japan political party to install AI leader

The Path to Rebirth party, which was launched in January by Shinji Ishimaru, a former mayor of a small city...

Turkey’s president leads prayers on eve of fight for political life

The president has never faced a more united opposition than the one led by retired civil servant Kemal Kilicdaroglu and...
  • The president was emulating a ritual that Ottoman sultans performed before they led their men off to war as he braces for presidential polls
  • A shout of "God is greatest" went up over Istanbul's old city as the sun set and news of Erdogan's arrival at the mosque filtered in

After five days of deadly fighting, Gaza ceasefire takes effect

The Egypt-brokered ceasefire began in and around the Gaza Strip on Saturday after five days of violence that has killed...
  • Islamic Jihad political department official Mohammad al-Hindi thanked Egypt for its efforts to bring about the ceasefire
  • The fighting this week was the worst in the Palestinian-Israeli conflict since an August flare-up that killed nearly 50 Palestinian

Anger among people in Turkey, voters divided on election eve

Widespread public anger at the state's slow response to the tragedy leads many believe that Hatay's electors will vote differently.
  • Several people who were forced to flee their homes have returned to take part in the elections.
  • Many people are annoyed that after the earthquake the Turkish state had abandoned them.

Clashes in Gaza continue despite truce efforts

Israeli air strikes battered Gaza and militants fired rockets again as deadly fighting resumed after a night of relative calm,...
  • Witnesses in Gaza reported that air strikes pounded uninhabited areas of the crowded enclave, while air raid sirens wailed in neighboring parts of Israel.
  • The Fatah movement of Palestinian president Mahmud Abbas said the two men killed in the raid were members of its armed wing,

UAE presents labor laws to UN Human Rights Council in Geneva

DUBAI, UAE - The UAE presented its legislative ecosystem - which regulates the local labor market, provides social security and...
  • Several UAE federal, local government entities and civil society organizations were part of the delegation.
  • The new labor legislations include provisions that prohibit discrimination on all grounds as defined in international conventions.

Saudi Arabia and Iran discuss ‘opportunities to develop and strengthen’ ties

Riyadh, Saudi Arabia-- Saudi Arabia and Iran have discussed ways to strengthen the ties between the two countries in a...
  • The Iranian minister described the expansion of the Saudi-Iranian relations as a "win-win" development
  • The two ministers met in Jeddah on the sidelines of the Islamic Development Bank Group's conference

Iran to receive fighter jets from Russia in sign of growing military ties

Tehran, Iran--Iran will begin to receive the first batch of Russian SU-35 fighter jets next week, according to Mehr News...
  • Being under Western sanctions, both Iran and Russia have signed deals in recent months to boost military, economic, trade, and energy ties
  • Apart from the 24 jets, Iran will also receive from Russia air defense systems, missile systems and helicopters from Russia in the near future

Saudi, Russian foreign ministers talk on phone, discuss ties, Ukraine

Riyadh,  Saudi Arabia - Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah discussed in a phone call...
  • During the call, the two ministers also exchanged views on a number of regional and international issues and developments of common concern
  • In the recent past, as Saudi Arabia’s relationship with the US has become less certain, the kingdom has made an effort to build ties with China and Russia

Iraq awaits Turkey’s response to resume Kurdish oil exports

The Kurdish regional government had for years earned billions of dollars in revenues exporting crude oil to Turkey without the...
  • Iraq's Oil Minister Hayan Abdel Ghani had on Thursday said that crude exports from the Kurdish region through the Turkish port of Ceyhan would resume Saturday.
  • But on Friday the Kurdish natural resources minister, Kamal Mohamed, told a Kurdish television channel that the resumption of exports was still awaiting approval from Ankara.

US to bolster presence in Gulf after Iran threat, says White House

The United States said it was sending reinforcements to the Gulf after what it called increasing harassment by Iran of...
  • US National Security Council spokesman John Kirby said Iran has "harassed, attacked or interfered" with 15 internationally flagged merchant vessels over the past 15 years.
  • "The United States will not allow foreign or regional powers to jeopardize freedom of navigation through the Middle East waterways including the Strait of Hormuz, he said.

Gaza, Palestinian future to dominate UN gathering to be attended by 140 world leaders

Kicking off Monday, Saudi Arabia and France will co-chair meetings on the future of the Israeli and Palestinian two-state solution, which...

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Israel and Hamas near ceasefire talks, spy chief heads to Qatar as truce momentum builds

Israel’s Mossad chief will travel to Qatar for ceasefire negotiations as Hamas signals readiness to halt fighting, contingent on Israel...

Beirut’s suburbs ravaged by Israeli air raids as Blinken urges de-escalation with Iran

Israeli airstrikes on Hezbollah's southern Beirut stronghold destroyed six buildings in the deadliest assault since the war began, despite U.S....

Updates: Israel confirms killing of Hezbollah leader’s successor as Blinken presses for Gaza truce

US Secretary of State Antony Blinken urged Israel to reach a ceasefire in Gaza, while Israeli airstrikes continued targeting Hezbollah's...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Wealthy Israelis offer rewards for release of Gaza hostages

Jerusalem, Undefined - Frustrated with the dwindling prospect of reaching a ceasefire deal in the year-long Gaza war, some Israeli entrepreneurs...
  • Former SodaStream CEO Daniel Birnbaum said he received about 100 calls after offering $100,000 in cash or bitcoin for the safe delivery of a living Israeli prisoner from Gaza
  • Birnbaum said most of the calls are pranks, threats or curses, but "10 to 20 could be legitimate" and were transferred to Israeli authorities for further verification

Updates: Israel hits more targets in Lebanon as Blinken travels to Middle East to push for truce

Lebanon says four people were killed including a child in the latest Israeli strikes as Tehran says the United States...
  • Four people including a child had been killed on Monday evening in Israeli strikes near the Lebanon's biggest public hospital
  • Bahrain's King Hamad bin Isa Al Khalifa discuss bilateral cooperation with Iranian Foreign Minister Abbas Araghchi in Manama

In escalation, Israel bombs Hezbollah-linked finance group

-Israel began bombing Lebanese branches of an association accused of financing the Iran-backed Hezbollah movement, Lebanese state media reported late...
  • 11 Israeli strikes on Beirut's southern suburbs targeted Al-Qard Al-Hassan.centers
  • UNIFIL, said an Israeli "army bulldozer deliberately demolished an observation tower and perimeter fence of a UN position